You can watch the discussion live at 12:30 p.m. in the video player above.

Chingos, director of the Urban Institute's Education Policy Program, and co-author Beth Akers, say their research shows the amount of student debt is not the crisis. Their concerns range from students' lack of knowledge about how much they've borrowed to default rates on student loans.

The share of new federal student borrowers who have defaulted has risen for the first time in four years, according to data released last fall by the U.S. Department of Education.

Ohio is addressing some of those issues. Ohio's college students would graduate with less debt if their college education included information about loans and finances, according to Ohio Attorney General Mike DeWine.

Last year DeWine issued a report by the Advisory Group on Student Loan Debt Collection. The 17 members of the advisory group made 22 recommendations covering three topic areas: financial literacy education, institutional debt certification policies, and collection practices.